• NY opened near 0.6940 after 0.6977 traded overnight, pair rallied in early NY

• 0.6955 was neared on the back of broad based USD selling & equity gains

• Comments from President Trump & soured risk helped to send the pair downward

• Aussie struck the day's low near 0.6923 well before the Fed and was near 0.6935 before the announcement

• Low stopped before touching 200-DMA at 0.6909

• Then struck a post-Fed high of 0.6989, climbing back above the 21-DMA and stopping near the 10-DMA

• Big rebound leaves long-legged doji on the day's candle
AUD closer


(Christopher Romano is a Reuters market analyst. The views expressed are his own)